Industry Offerings

SAP Payment Engine

A single platform for end-to-end payments processing

The rise in new-age commerce technologies, combined with increased globalization has had a multi-pronged impact on financial services. One of the most significant impacts is the change in banking behaviors. It is now important for your bank to be highly customer-centric. It should also be able to provide cutting-edge payment services to a new generation of customers. A state-of-the-art payment hub with centralized payment processing capabilities can help your bank boost customer retention, reduce costs, and improve operational efficiency.

Long-term technology partners Infosys and SAP have joined hands to offer the SAP Payment Engine as a payments solution. The SAP Payment Engine is an advanced solution designed to help you significantly improve the process for inter-bank and customer-to-bank payments. By providing shared-service centers and in-sourcing models, the end-to-end solution streamlines all payments processes, standardizes interfaces, removes siloed payment applications, and enables the rapid development of new products.

Some features of the solution are:

One-to-one and one-to-many credit transfers and direct debits

Same-day or even real-time clearing and settlement

Single, queued and collective postings of internal and external transactions